PRESS ROOM
Brexit Uncertainty continues as October 31st deadline approaches
Tuesday 15th October '19
The EU and the UK are engaged in intensive negotiations following Prime Minister Boris Johnson’s proposed Brexit deal. The EU insists that any deal must avoid a hard border between Ireland and Northern Ireland, protect the economy of the island and the Good Friday Agreement and safeguard the integrity of the single market. The current deadline for Brexit is 31 October but if a deal is not reached and ratified by 19 October then the UK parliament has required PM Johnson to request another extension which could lead to a general election and/or another referendum. This uncertainty has been driving the volatility in Pound Sterling.